Underwriting Automation Use Cases for Insurers, Reinsurers and Insurtechs

Faster product launches for insurtechs and MGAs

A rated product needs a pricing engine. UBots provide one that is already configured for the line of business, so new products can go to market in days rather than months.

Stronger evidence for credit ratings and audits

Documented, data-backed underwriting discipline is what rating agencies and auditors look for. UBots provide the quote-level trail to show it.

Smoother reinsurance treaty renewals

Reinsurers and brokers get clean, structured underwriting data for treaty submissions — reducing back-and-forth at renewal and supporting more consistent results.

Corporate governance and underwriting authority

Authority logs and result tracking show who priced what, within which limits — supporting board oversight and IRDAI corporate governance expectations.

IFRS 17 / Ind AS 117 support

UBots surface key contractual service margin (CSM) metrics from underwriting data, reducing reliance on external consultants for routine reporting.

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